Apartment vs house building costs

antiskeptic

I was running my eye over a survey of building costs (2nd half 2017) by Dublin quantity surveyor outfit BuildCost


They listed construction costs (exluding planning/vat/siteworks/FF&E/paving/roads, etc) as follows:

Terraced House €1000-1200 sqm

Semi-D €1050-1300 sqm

Apartment €1750 - 2100 sqm

What is it about apartment building that causes such a surge in pricing. I'd have thought they'd be cheaper than anything else - given that you're typically going higher on your groundworks compared to other build types.

Dudda

antiskeptic wrote: »

I was running my eye over a survey of building costs (2nd half 2017) by Dublin quantity surveyor outfit BuildCost


They listed construction costs (exluding planning/vat/siteworks/FF&E/paving/roads, etc) as follows:

Terraced House €1000-1200 sqm

Semi-D €1050-1300 sqm

Apartment €1750 - 2100 sqm

What is it about apartment building that causes such a surge in pricing. I'd have thought they'd be cheaper than anything else - given that you're typically going higher on your groundworks compared to other build types.

Circulation, fire escapes, parking, landscaping are probably divided across the apartments and included into the price per sqm. This and that apartments are smaller in area.

Gumbo

Bigger structure
Shared access
Shared open space
Lifts
Stair cores
Larger plots
Increased fire safety design

dubrov

kceire wrote:

Bigger structure Shared access Shared open space Lifts Stair cores Larger plots Increased fire safety design

Per unit, I'd say only the lifts and fire safety aspects would be more expensive. The rest should all be cheaper.

Gumbo

dubrov wrote: »

Per unit, I'd say only the lifts and fire safety aspects would be more expensive. The rest should all be cheaper.

Not the case in real world terms.
You also have the set up costs of management companies, management agents etc

Multiple fire resistant stair cores compared to single dwellings.

tabby aspreme

Also finance costs for the developer may be more expensive, as if you are building
30 houses you can sell them in phases, where as with a 30 unit apartment block has to be fully finished before people can move in.

Trasna1

antiskeptic wrote: »

I was running my eye over a survey of building costs (2nd half 2017) by Dublin quantity surveyor outfit BuildCost


They listed construction costs (exluding planning/vat/siteworks/FF&E/paving/roads, etc) as follows:

Terraced House €1000-1200 sqm

Semi-D €1050-1300 sqm

Apartment €1750 - 2100 sqm

What is it about apartment building that causes such a surge in pricing. I'd have thought they'd be cheaper than anything else - given that you're typically going higher on your groundworks compared to other build types.

Basements. They're incredibly expensive.

jmBuildExt

antiskeptic wrote: »

What is it about apartment building that causes such a surge in pricing. I'd have thought they'd be cheaper than anything else - given that you're typically going higher on your groundworks compared to other build types.

When land footprint is taken into account, thats where you win back your money.